NiCE (NASDAQ:NICE) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• NiCE shares rose above their 200-day moving average, trading as high as $116.03 and last changing hands at $114.54 versus a 200-day average of $101.22.
• Analyst sentiment remains mixed: seven analysts rate the stock a Buy, six a Hold and one a Sell, producing a consensus “Hold” rating and a $129.50 price target.
• NiCE beat quarterly earnings and revenue expectations, reporting $2.70 in EPS and $782.29 million in revenue, while revenue increased 7.7% year over year.

NiCE (NASDAQ:NICE - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $101.22 and traded as high as $116.03. NiCE shares last traded at $114.54, with a volume of 1,173,524 shares trading hands.

Analyst Ratings Changes

A number of research firms have issued reports on NICE. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of NiCE in a research note on Wednesday, June 24th. Rosenblatt Securities reiterated a "buy" rating and set a $130.00 target price on shares of NiCE in a research report on Thursday, August 6th. Citigroup reissued a "neutral" rating on shares of NiCE in a report on Thursday, August 6th. Wedbush reduced their price target on shares of NiCE from $120.00 to $100.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 10th. Finally, DA Davidson upped their price target on shares of NiCE from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, NiCE currently has a consensus rating of "Hold" and a consensus price target of $129.50.

NiCE Trading Up 9.1%

The firm has a market capitalization of $6.69 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.14 and a beta of 0.75. The firm has a 50 day moving average price of $101.43 and a 200-day moving average price of $101.22.

NiCE (NASDAQ:NICE - Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, topping analysts' consensus estimates of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The firm had revenue of $782.29 million during the quarter, compared to analysts' expectations of $766.27 million. During the same quarter in the previous year, the business earned $3.01 EPS. The company's quarterly revenue was up 7.7% on a year-over-year basis. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Research analysts anticipate that NiCE will post 8.66 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Udi Dayan sold 500 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the sale, the vice president owned 500 shares of the company's stock, valued at approximately $50,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.02% of the stock is owned by company insiders.

Hedge Funds Weigh In On NiCE

Several hedge funds have recently added to or reduced their stakes in NICE. Manchester Capital Management LLC bought a new stake in NiCE in the fourth quarter worth about $39,000. V Square Quantitative Management LLC purchased a new position in shares of NiCE during the first quarter valued at approximately $40,000. Western Wealth Management LLC bought a new position in shares of NiCE during the first quarter valued at approximately $44,000. MidFirst Bank bought a new position in shares of NiCE during the fourth quarter valued at approximately $69,000. Finally, Allworth Financial LP raised its holdings in shares of NiCE by 24.6% in the second quarter. Allworth Financial LP now owns 871 shares of the technology company's stock worth $79,000 after buying an additional 172 shares during the period. 63.34% of the stock is currently owned by institutional investors.

NiCE Company Profile

NICE Ltd. NASDAQ: NICE is a technology company that develops cloud-based software and artificial intelligence solutions for customer experience, contact centers and enterprise operations. Its platforms help organizations manage customer interactions across voice, digital and other channels, while providing analytics, workflow automation and workforce engagement tools.

The company's portfolio includes NICE CXone, a cloud platform for contact center operations, and Enlighten, an artificial intelligence framework designed for customer and employee interactions.

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